Apple reported strong results for its fiscal first quarter, with iPhone sales achieving the best performance in the product’s history.
The company stated that iPhone recorded its best-ever quarter, driven by unprecedented demand and all-time revenue records in every geographic segment. CEO Tim Cook shared this during the earnings call on Thursday. Apple’s earnings report showed iPhone revenue of $85 billion for the quarter, an increase from $69 billion in the year-ago period.
In Greater China, iPhone sales set an all-time revenue record, marking the best iPhone quarter in the region’s history. Cook attributed the surge to enthusiasm for the iPhone 17, announced in September and significantly more popular than prior models. Overall sales in Greater China rose from $18.5 billion to $25.5 billion year over year. Cook added that store traffic in China grew by strong double digits year over year.
India also saw robust demand for Apple products. Cook noted a quarterly revenue record in the December quarter for iPhone, Mac, iPad, and an all-time revenue record for services. He described the quarter as terrific in the country, which ranks as the world’s second-largest smartphone market and fourth-largest PC market.
Sales increased across all regions. In the Americas, revenue rose from $52.6 billion to $58.5 billion. In Europe, it grew from $33.8 billion to $38.1 billion.
